JLL: Asia-Pacific cold storage real estate value likely to cross US$2 bil in 2030
“Investment in cold storage has cooled from 2021 but has by no means peaked.
“Investment in cold storage has cooled from 2021 but has by no means peaked.
Singapore registers as the top-performing market with 8% YOY growth.
Rental growth expected to ease for remainder of the year as occupiers adopt cautious approach KUALA LUMPUR (Aug 21): Prime logistics rent in 17 key cities across Asia-Pacific showed an average rise of 10.
Vacancies rose marginally by a quarter of a percentage point q-o-q to 13.
PETALING JAYA (July 14): Asia-Pacific prime office rental has dropped 0.
KUALA LUMPUR (April 16): Based on its Wealth Sizing Model survey, Knight Frank predicts that the global population of ultra-high-net-worth individuals (UHNWIs) will grow over the next five years with Asia emerging to see the fastest growth by 39%, compared to the global average of 27%.
KUALA LUMPUR (July 3): The overall occupancy in Asia-Pacific remained low at less than 30% with room rates close to 50% of what they were in 2019, according to CBRE’s Implications for Asia Pacific Hotels June 2020 report.
KUALA LUMPUR (June 22): As lockdowns in most countries in Asia-Pacific come to an end, commercial real estate investors are gradually shifting from asset management and rental abatement to planning market re-entry, according to CBRE’s Capital Market Viewpoint report titled “New buying opportunities whet investor appetite”.
KUALA LUMPUR (March 18): Asia-Pacific economic growth in 2020 will more than halve to less than 3% as the global economy enters a recession, said S&P Global Ratings.
PETALING JAYA (Dec 3): Kuala Lumpur’s office rents recorded a 2.